23 April | Other

ARK Invest expands its crypto asset portfolio by partnering with Solana Staking ETFs

ARK Invest expands its crypto asset portfolio by partnering with Solana Staking ETFs

ARK Invest has taken a bold step by expanding its digital asset portfolio through investment in the Solana Staking ETF (SOLQ), which is owned by Canada's 3iQ and specializes in staking. As a result, the ARKW and ARKF funds are the first ones listed in the United States with access to Solana, according to Cointelegraph.

ARK Invest, owned by Cathie Wood, is known for its forward-thinking strategies. Analysts believe that the choice of Solana for investment was not coincidental and points to the future potential of blockchain technologies and crypto assets. Digitalizing finance makes some processes more complex, but simplifies others. For instance, the SOLQ ETF makes the betting process more accessible by providing retail and institutional investors with clear tools and token liquidity.

Meanwhile, 3iQ handles all the complexities associated with staking and holding SOLQs, freeing clients from these responsibilities and reducing the risks involved.

ARK's decision highlights the increasing institutional interest in Solana and its ecosystem, according to CoinMarketCap experts.

Anton Volkov MarketCheese
Period: 19.05.2025 Expectation: 1000 pips
AUDUSD bounces off 0.635 support level toward 5-month high
Today at 09:38 AM 4
Period: 22.05.2025 Expectation: 89500 pips
BTCUSD correction wave forms sell signal targeting 93,700
Today at 08:47 AM 8
Period: 20.05.2025 Expectation: 4065 pips
Optimism for Tesla is limited by weak sales and competition
Today at 05:07 AM 8
Period: 16.05.2025 Expectation: 700 pips
Silver prices started to rebound toward 33.6
Yesterday at 11:15 AM 39
Period: 13.05.2025 Expectation: 900 pips
USDJPY seen retreating to 145.00
Yesterday at 09:38 AM 20
Period: 18.05.2025 Expectation: 3085 pips
Trading optimism and technical signal reinforce S&P 500's upside outlook
Yesterday at 08:18 AM 39
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Go to forecasts